Crescent Petroleum Company News

Recent Articles

Results 32 articles shown

UAE's Dana Gas Says Wins Right to Some Payments from Iraqi Kurdistan
Sunday, July 13, 2014 An arbitration tribunal awards Dana Gas the right to receive some outstanding payments from the Kurdish government.

Dana, Crescent Celebrate 5 Years Continuous Production in Kurdistan
Tuesday, October 08, 2013 Dana Gas and Crescent Petroleum celebrate five years of continuous production in the Kurdistan Region of Iraq.

Dana Gas, Crescent to Boost Gas Output in Kurdish Iraq by 50%
Tuesday, October 05, 2010 Dana Gas-Crescent JV will boost production capacity at its gas project in the Iraq's Kurdistan region by 50% within two years.

Rosneft-Crescent JV to Develop UAE Gas Field
Monday, August 23, 2010 The joint project plans to develop the Sharjah concession, holding around 70B cubic meters of gas and 16MM tons of gas condensate.

Rosneft, Crescent to Expand Footprint in Middle East
Wednesday, May 19, 2010 Rosneft signed a Strategic Cooperation Agreement with Crescent Petroleum.

Sky Petroleum Reports on Mubarek Production in UAE
Friday, February 12, 2010 Sky Petroleum reported that during the fourth quarter, Mubarek production from the K2-ST4 well totaled 15,363 barrels of oil or 167 bopd and production from the H2 well totaled 2,197 barrels of oil or 24 bopd.

Sky Petroleum Receives Expiry Notice for Mubarek Field
Friday, January 08, 2010 Sky Petroleum was notified by the operator of the Mubarek field on Dec. 31 that the field had reached the end of its economic life.

OMV Boosts E&P Portfolio with Investment in Kurdistan Region
Monday, May 18, 2009 OMV has acquired a 10% share in Pearl Petroleum and will participate in the appraisal, development and production of two large gas fields in the Kurdistan Region of Iraq.

Talisman Sells Non-Core Bakken Assets in Saskatchewan
Wednesday, March 04, 2009 Talisman has agreed to sell its southeast Saskatchewan and Daniels County, Montana assets for total proceeds of approximately $720 million.

Sky Petroleum Underscores Mubarek Platform's Production
Monday, February 23, 2009 Sky Petroleum reported that during the year ended December 31, 2008 Mubarek production from the H2 and K2-ST4 wells was 67,510 barrels of oil.

Apexindo's Rani Woro Jackup Records Significant Safety Performance
Tuesday, February 10, 2009 Apexindo's jackup rig, the Rani Woro, has successfully booked eight years without any lost time incidents.

Sky Petroleum Highlights Mubarek Third Quarter Production
Tuesday, November 04, 2008 Sky Petroleum reported that during the third quarter ending September 30, 2008, Mubarek production from the H2 well was 7,875 barrels of oil.

Sky Petroleum Updates K2-ST4 Status
Monday, September 15, 2008 Crescent Petroleum says that the K2-ST4 well will remain shut-in until repairs have been made to the gas lift line between the J and K platforms in the Mubarek field.

Dana Gas Eyes First Gas from Northern Iraq in September
Thursday, August 14, 2008 Dana Gas will start natural gas production from a gas field in northern Iraq in September and is preparing to drill appraisal wells at a second field next year.

Crescent Unites with Reliance to Bolster Upsteam Developments
Tuesday, June 24, 2008 Crescent Petroleum has announced the signing of a cooperation agreement with Reliance Exploration and Production. This agreement will establish a framework to bolster development in energy sectors of mutual interest.

Crescent Petroleum Begins Producing from Mubarek K2-ST4
Thursday, October 04, 2007 the Mubarek K2-ST4 well located in the Mubarek Field was drilled to a total depth of 13,528 feet into the Ilam oil reservoir, and has subsequently been stimulated with acid and put on production with gas lift from the Ilam reservoir.

Sky Petroleum Says Second Mubarek Well to go Onstream Shortly
Tuesday, September 25, 2007 Sky Petroleum reports that the Mubarek K2-ST4 well has reached total depth. The well will be completed and put into production from the K wellhead platform.

Crescent Petroleum Spuds Second Mubarak Well
Thursday, June 07, 2007 Crescent Petroleum says that the Rani Woro's mobilization to the Mubarek platform located offshore the United Arab Emirates has been completed and the drilling operations on the K2-ST3 well have commenced.

Crescent's $1B Iran UAE Gas Deal May be Hijacked by Rivals
Monday, May 14, 2007 A crucial deal involving Crescent Petroleum and Dana Gas to import gas via a $1 billion project into the U.A.E. from Iran could be hijacked by rival companies in the emirates, a company official said Monday.

Dana, Kurdistan Strike Deal to Fast-track Gas Development
Monday, April 16, 2007 Dana Gas, the Middle East's first regional private-sector natural gas company, has concluded important agreements, including a Strategic Alliance Protocol, with the Kurdistan Regional Government of Iraq.

Crescent Petroleum Hopes to Clinch $500 Mln in Deals in 2007
Wednesday, March 21, 2007 Crescent Petroleum hopes to sign 4 major contracts in the Middle East and North Africa valued at $500 million in 2007, as well as bring long-awaited Iranian gas into the UAE through a project that has cost the company $1 billion.

Sky to Receive $1.1M from Mubarek Production
Tuesday, January 09, 2007 Sky Petroleum, Inc. will receive US$1,140,470 from its second allocation of production revenue from the Mubarek H2 well offshore the UAE.

Sky Petroleum Pleased with Progress at Mubarek H2
Monday, October 16, 2006 Sky Petroleum says that as of September 30, 2006, the Mubarek H2 well has produced 24,998 barrels of oil since it went into production on May 16, 2006.

Crescent Petroleum Doubles Production from First Mubarek Well
Wednesday, October 11, 2006 Crescent Petroleum says the recent work on the Mubarek H2 well has resulted in a substantial 130% increase in production from the H2 well.

Drilling Rig Expected to Return to the Mubarek Field in Early November
Tuesday, September 19, 2006 Sky Petroleum and Crescent Petroleum report that the Rani Woro jackup has been delayed and is now expected to return to the Mubarek Field on November 1, 2006.

Sky, Crescent Agree on Second Mubarek Well Location
Wednesday, July 26, 2006 Sky Petroleum and Crescent Petroleum Co. International Limited, the operator of the Mubarek Field in the United Arab Emirates, have agreed on a second well location to be drilled to the Ilam/Mishrif reservoir.

Sky Issues Mubarek 2 Update
Wednesday, June 21, 2006 Sky Petroleum, Inc., which owns a stake of the Mubarek H2 well in the United Arab Emirates, said that operator Crescent Petroleum Corp. has completed its analysis of the well's performance.

Sky Petroleum Says Further Evaluation is Needed at Mubarek H2 Well
Friday, June 09, 2006 Sky Petroleum says that further evaluation is required on the H2 well in order to stabilize production.

Crescent Petroleum Completes Drilling at Mubarek H-2
Wednesday, May 24, 2006 Crescent Petroleum Company International Limited reports that the drilling of the Mubarek H-2 was completed. Logging of the well indicates good oil saturations over more than 100 feet in the Ilam/Mishrif reservoir section.

Sky Approaches Reservoir Depth with Mubarek H-2
Tuesday, March 28, 2006 Sky Petroleum, a participant in two infill wells on the Mubarek Field in the UAE, reports that casing has been set just above the Ilam/Mishrif Reservoir at a drilled depth exceeding 13,800 feet.

Sky Petroleum Says Mubarek Well Drilling Ahead
Wednesday, March 08, 2006 Sky Petroleum says work is progressing smoothly on the two infill wells on the Mubarek field.

Operations Underway at Mubarek Field
Wednesday, February 08, 2006 Sky Petroleum reports that operations have commenced at the Mubarek Field on the Mubarek H-2, the first of two infill wells on the field.